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Weve tested out many loans at 99Bitcoins, and they eventually defaulted. Thats why I recommend to steer clear of this specific method.
Another method I suggest you avoid are coin doublers and higher Yield Investment Programs also known as HYIPs. These are websites that promise to double your coins every couple of days or give you unreal interest rates.
These sites really do is take money from new customers and use that money to pay off older users. This method makes a lot of buzz around the site that is apparently untrue and solvent.
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This is how a Ponzi scheme functions. This will go on for around 3-4 months until one day the site will just go offline and the money is going to be gone. No longer payments will be made and a great deal of people will get mad that they got scammed.
We have reviewed many Bitcoin investment websites in the previous 3 years and have yet to find a site which we can say is  secure to invest in. Any site that promises you something that is too good to be true is probably just a facade for scammers trying to steal your coins. .
How can you find out if a site is a scam to get yourself Easy, utilize our Bitcoin scam test tool to acquire a reasonable assumption about a sites legitimacy.
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Starting around August 2017 Bitcoin began forking into other coins. In a nutshell, forking  means a new Bitcoin clone originates from the existing Bitcoin. Every person who held Bitcoin prior to the fork can now also claim the new coin as well.
The first popular fork was Bitcoin Cash, but soon after followed Bitcoin Gold, Bitcoin Diamond and more. The procedure for claiming forked coins (aka forkcoins) is standard but requires an above basic understanding of the way Bitcoin works. You can see our fork claiming guide .
Keep in mind that if youre not sure what youre doing when claiming a forkcoin you could end up losing your Bitcoins. So for many non technical customers it would better to pass on a fork and keep your Bitcoins secure. Other alternatives include companies that claim the coins for you and have a commission but this may easily turn into a scam that runs away with you money. .
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Once you maintained a forkcoin you can sell it on an exchange for Bitcoin or other cryptocurrencies assuming it's a market.
Airdrops are much like forks in the sense that you get coins out of thin air. Airdrops are often used to spread the word about a certain cryptocurrency. The currency is distributed freely to the public, although in certain situations some conditions can apply.
For example, Byteball was distributed freely to Bitcoin users depending on look at this now the amount of Bitcoins they owned.
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To conclude, forks and airdrops may be the maximum value for time method you can use to make money from your Bitcoins however they can be SUPER insecure. I would recommend that you use these methods only after ample research and a fantastic understanding of the claiming process.
Weve covered a lot of ways in which you can earn Bitcoin or even make money with cryptocurrencies. In the end each method has its own pros and cons, some are far more insecure while others take a greater amount of effort.
In order to make it easier for you to review what weve just covered we made a table which illustrates the different approaches (you can see at the peak of the post). As you can see theres no simple, risk free way to make money with Bitcoin. The good news is that it's possible, and if you put some effort into it you can find a lot of creative ways to create new income streams. .
You may still have any questions. If this is the case, simply leave them in the comment section below. And if youve tried out one of the approaches previously and want to share your own experience with it Id love to hear it also.
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Each and every day, Bitcoin the cryptocurrency and Bitcoin the technology becoming more popular. When in 2011 you had to compose a person from the other continent to order a pizza for you with Bitcoins, now you can do something like that in a number of major cities. In some countries like the Netherlands, the entire towns are Bitcoin-friendly (like Arnhem, often known as the Bitcoin city) now with a range of services offered for people that are willing to pay with BTC.